Ohio Insurance Laws and Regulations Practice Exam

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What action may the superintendent take if an agent is believed to be causing considerable harm?

  1. Send a warning letter

  2. May issue a cease and desist order against the agent

  3. Immediately revoke the agent's license

  4. Require the agent to take additional training

The correct answer is: May issue a cease and desist order against the agent

The superintendent may issue a warning letter as a means of disciplining or notifying the agent of their actions, but this would not be the most suitable option if the agent is causing considerable harm. Immediately revoking the agent's license would be a serious and extreme measure, and requiring additional training may not address the immediate issue at hand. Therefore, issuing a cease and desist order against the agent would be the most appropriate action for the superintendent to take in this situation.